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<p>[QUOTE="Michael K, post: 3095084, member: 78298"]As to who the rejected coins belong to has been debated.</p><p>First they belong to the person who dumped their coins in. When you dump them in too quickly, it can cause a jam and coins that are not damaged or off metal, will be rejected. But this is only if you know who put their coins in with an empty reject slot and then a full one when they are done. Without direct observation, the slot could already be full before they used the machine.</p><p>The store does not own those coins. They and Coin Star have a rental agreement.</p><p>If the coins are not considered "abandoned" they are the property of Coin Star.</p><p>And, IMO their 11% charge for turning "coins into cash" is an exorbitant fee.</p><p>That's almost the same as saying: Don't let one hundred and eleven dollar bills clog up your wallet, give them to us and you can have 2 fifties or 5 twenties or 1 crisp hundred dollar bill!</p><p>I just put my coins into the coin acceptor at the grocery and keep 100% of my money.[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 3095084, member: 78298"]As to who the rejected coins belong to has been debated. First they belong to the person who dumped their coins in. When you dump them in too quickly, it can cause a jam and coins that are not damaged or off metal, will be rejected. But this is only if you know who put their coins in with an empty reject slot and then a full one when they are done. Without direct observation, the slot could already be full before they used the machine. The store does not own those coins. They and Coin Star have a rental agreement. If the coins are not considered "abandoned" they are the property of Coin Star. And, IMO their 11% charge for turning "coins into cash" is an exorbitant fee. That's almost the same as saying: Don't let one hundred and eleven dollar bills clog up your wallet, give them to us and you can have 2 fifties or 5 twenties or 1 crisp hundred dollar bill! I just put my coins into the coin acceptor at the grocery and keep 100% of my money.[/QUOTE]
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